Healthcare Triangle Announces Cost Reduction Initiatives to Achieve Profitability

February 15, 2024

https://www.globenewswire.com/news-release/2024/02/15/2829999/0/en/Healthcare-Triangle-Announces-Cost-Reduction-Initiatives-to-Achieve-Profitability.html

Strategic initiatives are expected to generate an estimated annualized savings of $3 million – $4 million in FY2024

PLEASANTON, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) — Healthcare Triangle, Inc (Nasdaq:HCTI) (“HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced that the Company is undertaking a series of strategic initiatives to reduce costs and drive efficiency in order to accelerate its path to profitability.

Read more at globenewswire.com

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